Nicozdiamond down 19.48% as market halts losses

Nicozdiamond down 19.48% as market halts losses

By Insurance24

HARARE, The Zimbabwe Stock Exchange (ZSE) halted the losses that had characterized the bourse in the last trading days. The All Share Index closed the day a marginal 0.03 points in the positive, with the Top 10 Index putting on 0.035 points. The Mining Index closed the day flat with no trades in the sector.

Turnover was decent at $3.1 mln

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Insurers Fidelity and Old Mutual contribute to February’s highest turnover

Insurers Fidelity and Old Mutual contribute to February’s highest turnover

By Insurance24

HARARE, Insurer, Fidelity Life Assurance gained 1.60c in today’s session of the Zimbabwe Stock Exchange (ZSE) to close at 9.60c. Together with Old Mutual, the two insurers are the only counters in the insurance sector that were in action today. OM traded flat 5.30c.

Fidelity appointed Rueben Java as Group

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Zimre Holdings block trade fails to inspire mainstream index

Zimre Holdings block trade fails to inspire mainstream index

By Insurance24

HARARE, Diversified insurance group Zimre Holdings block trade of 4,677 mln shares failed to inspire trading on Monday which saw the mainstream index closing 0.47% lower at 299.78 points.

Trading on the Zimbabwe Stock Exchange (ZSE) opened the week on a relatively quite note with activity limited only to nine counters.  At

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Masiyiwa’s return inspires Econet ?, as only Old Mutual trade for insurers

Masiyiwa’s return inspires Econet, as only Old Mutual trade for insurers

By Insurance24

HARARE, The Zimbabwe Stock Exchange (ZSE) closed the on a rather quiet session where activity was limited to only 13 counters. Big trades in BATZ, Old Mutual and a block trade in Econet carried the day.

Econet saw a total 2,708,915 shares exchanging ownership at 70c, after gain 0.25c from previous trading price.

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ZSE closes in red despite good trade values, but most insurers miss in action

ZSE closes in red despite good trade values, but most insurers miss in action

Insurance24

HARARE, Trading on the Zimbabwe Stock Exchange (ZSE) was solid with good trade values across the counters, as a result, turnover edged up to close at $4.5mln buoyed by block trades in BATZ, Econet, Hippo, OM and Seedco.

Econet was the largest trader of the with a total 2,302,249 shares exchanging hands. Econet’s

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ZSE closes in red amid improved activity

ZSE closes in red amid improved activity

Insurance24

HARARE, The Zimbabwe Stock Exchange (ZSE) market continued to trade southwards on Tuesday amid improved activity. As a result, turnover was solid at $2.8mln on the back of block trades in Delta, OM and Seedco.

The All Share Index retreated 0.09 points on the back of a 0.32 points loss in the Industrial Index. The Mining Index closed flat with RioZim

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ZSE opens week on a positive but rather quiet session

Insurance24

HARARE, The Zimbabwe Stock Exchange (ZSE) opened the week on a positive but rather quiet trading session which was buoyed by gains in Old Mutual, Delta and Nampak.

The All Share Index added a marginal 0.09 points on the back of marginal 0.30 and 0.03 gains in the Industrial Index and the Top 10 Index respectively. Turnover was decent at $1.6m with good trades in Econet, Old Mutual and

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Regulatory reporting protects policyholders and fund member interests: IPEC Commissioner

Regulatory reporting protects policyholders and fund member interests:  IPEC Commissioner.

HARARE- The Insurance and Pension Commission (Ipec) says regulatory reporting by the insurance and pensions industry ensures policyholders and fund member interests are protected thus boosting confidence sector.

IPEC Commissioner Tendai Karonga told stakeholders at the IPEC-ICAZ Seminar that regulatory reporting

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